GM's IPO Stock
Thread Starter
Platinum Member
Joined: 05-09-2006
Posts: 6,805
From: "Upland" Mesa, Arizona
GM's IPO Stock
Posting this only because there has been previous discussion.....
GM employees, retirees, dealers and other eligible applicants, are receiving letters from GM regarding a special offering of GM's expected offering next month of it's IPO. The "benefit" will be called, "Directed Share Program".
The benefits in participating is unknown, other than access to the offering, until further info is released later this month.
Additionally, in an article by AP in todays business section of the newspaper, GM Chairman Ed Whitacre predicted a initial price of $20-$25 per share when he answered questions at a Chamber of Commerce meeting in Texas.
The offering still needs regulators approval of the sale plan.
GM employees, retirees, dealers and other eligible applicants, are receiving letters from GM regarding a special offering of GM's expected offering next month of it's IPO. The "benefit" will be called, "Directed Share Program".
The benefits in participating is unknown, other than access to the offering, until further info is released later this month.
Additionally, in an article by AP in todays business section of the newspaper, GM Chairman Ed Whitacre predicted a initial price of $20-$25 per share when he answered questions at a Chamber of Commerce meeting in Texas.
The offering still needs regulators approval of the sale plan.
Thread
Thread Starter
Forum
Replies
Last Post